490 CROOKED BAY Road, Georgian Bay, ON

$2,495,000
MLS#:X10434592
3 beds
2 baths
3000-3500 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Baxter. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $2,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 3000-3500 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to Six Mile Lake Retreat! This exceptional waterfront cottage on Six Mile Lake in Muskoka offers the perfect blend of luxury, comfort, and natural beauty. With stunning views and easy access to the waterfront. A host of impressive features, this property is a true gem. This spacious main cottage boasts 3 bedrooms and 3 bathrooms, providing ample room for family and guests. With approximately 3,258 square feet of living space, you'll have plenty of room to relax and unwind. The large deck overlooking the lake offers breathtaking panoramic views, perfect for enjoying your morning coffee or hosting unforgettable gatherings. Stay comfortable year-round with the standby generator ensuring uninterrupted power supply and efficient AC and heating systems. Just steps away from the lake, you'll find a charming bunkie that includes 2 cozy bedrooms and 1 bathroom. With approximately 388 square feet, it offers additional space for guests or a peaceful retreat. The property features a single car heated shop, providing a versatile space for hobbies, storage, or a workshop. An attached double wide garage offers ample room to park your vehicles and store your outdoor equipment. Enjoy the convenience of a double slip boathouse with boat lifts, allowing you to easily access the pristine waters of Six Mile Lake. A separate dock provides abundant space for parking additional watercraft and enjoying the waterfront. Immerse yourself in the beauty of the property's meticulously landscaped grounds, featuring enchanting gardens, decks, and patios. Lounge on the sandy beach, soak up the all-day sun, and take in the expansive views that surround you. The property is easily accessible year-round, situated on a township maintained road and conveniently close to town. Experience the Muskoka lifestyle at its finest.

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Property Summary

This detached home located at 490 CROOKED BAY Road, Georgian Bay is currently for sale and has been available on SousaSells for 748 days. This property is listed at $2,495,000 with an estimated mortgage of $8,305* per month. It has 3 beds, 2 bathrooms, and is 3000-3500 square feet. 490 CROOKED BAY Road, Georgian Bay is in the Baxter neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished, Full
CountyMuskoka
Annual Tax$5,900
Legal DescriptionPCL-13327.SEC MUSKOKA;PT LOT 22 CON 14 BAXTER AS IN PM3895 AND PART 1 35R18264;TOWNSHIP OF GEORGIAN BAY THE DISTRICT MUNICIPLALITY OF MUSKOKA

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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490 CROOKED BAY Road, Georgian Bay, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 490 CROOKED BAY Road, Georgian Bay, ON L0K 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Georgian Bay.

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Interest Rate4.00%
Down Payment$748,500 (30.0%)
* Minimum Canadian down payment required for this price is $499,000.
Amortization Period30 Years
Estimated Monthly Payment$8,305Based on a loan of $1,746,500 over 30 years.
Purchase Price$2,495,000
Loan Amount$1,746,500
Provincial Land Transfer Tax:$48,850
Total Estimated Closing Taxes:$48,850

About Purchasing a Home in Georgian Bay, ON

For a property listed at $2,495,000 in Georgian Bay, the legal minimum down payment is $499,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,850 for this transaction. As this listing is in Georgian Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,850.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Baxter, Georgian Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,195,097

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.